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Shares of The J.M. Smucker Company (NYSE:SJM) have been given a consensus recommendation of “Hold” by the fourteen analysts that are covering the stock, Analyst Ratings News reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $111.64.

The J.M. Smucker Company (NYSE:SJM) traded down 0.41% on Friday, hitting $97.88. The stock had a trading volume of 373,502 shares. The J.M. Smucker Company has a 1-year low of $87.10 and a 1-year high of $114.72. The stock’s 50-day moving average is $96.98 and its 200-day moving average is $104.5. The company has a market cap of $10.257 billion and a P/E ratio of 18.00.

The J.M. Smucker Company (NYSE:SJM) last posted its quarterly earnings results on Friday, February 14th. The company reported $1.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.68 by $0.02. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter in the prior year, the company posted $1.47 earnings per share. The company’s quarterly revenue was down 6.0% on a year-over-year basis. On average, analysts predict that The J.M. Smucker Company will post $5.58 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, March 3rd. Stockholders of record on Friday, February 14th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Wednesday, February 12th.

SJM has been the subject of a number of recent research reports. Analysts at Deutsche Bank cut their price target on shares of The J.M. Smucker Company from $102.00 to $98.00 in a research note on Tuesday. They now have a “hold” rating on the stock. Separately, analysts at Barclays cut their price target on shares of The J.M. Smucker Company from $108.00 to $99.00 in a research note on Tuesday. They now have an “equal weight” rating on the stock. Finally, analysts at Credit Suisse cut their price target on shares of The J.M. Smucker Company to $97.00 in a research note on Tuesday. They now have a “neutral” rating on the stock.

The J. M. Smucker Company operates principally in the manufacturing and marketing of branded food products.

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